A more serious problem with input-based pay systems eg a, Ask an Expert

Economics

A more serious problem with input-based pay systems (e.g., a wage her hour), relative to an output--based system, is:

a. the difficulty of measuring the worker's output.

b. the cost of administering the pay sytem.

c. workers will maximize output and neglect quality.

d. workers have an incentive to shirk.

View complete question

Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M91237016

Have any Question?Write your Review or question?

Related Questions in Microeconomics

Question discuss the concepts of engineering projects and

Question: Discuss the concepts of engineering projects and their investment profile. How would you assess the economic feasibility of engineering projects in your organization? Give examples from your organization to sup ...

Question why do you think the japanese government permitted

Question: Why do you think the Japanese government permitted the to become so overvalued in the first half of the 1990s? Do you think they could have done anything about it? When the turnaround finally did occur, the fel ...

Question a balance sheet is often used by analysts to

Question: A balance sheet is often used by analysts to examine a company from a financial point of view. Describe the strengths and weaknesses of the document for this purpose. The response must be typed, single spaced, ...

Question the export-import bank helps boeing by providing

Question: The Export-Import Bank helps Boeing by providing various subsides on aircraft sold to foreign countries. Boeing says it needs this help to offset subsidies given to Airbus Industrie by European governments, and ...

Question in europe the uk is the only country where there

Question: In Europe, the UK is the only country where there has been a consistent tradeoff between inflation and unemployment. What factors caused this tradeoff to occur in Britain but not in Continental Europe? The resp ...

Question a suppose the uncovered interest parity condition

Question: a) Suppose the uncovered interest parity condition holds, and that the domestic interest rate is lower than the foreign interest rate. What does this imply about the current versus future expected currency valu ...

Question an internet service provider isp is contemplating

Question: An Internet service provider (ISP) is contemplating an investment of $50,000 in new computer servers and related hardware. The ISP projects an annual rate of return on this investment of 6 percent. a. The curre ...

Question assignment descriptionfor this assignment you need

Question: Assignment Description For this assignment, you need to choose an industry and then analyze the growth pattern of that industry during periods of recession and periods of expansion. Examples of industries that ...

Question a genealogical firm called roots produces its

Question: A genealogical firm called Roots produces its output using only one input. Its production function is f(x) = vx. (a) Does the firm have increasing, constant, or decreasing returns to scale? (b) How many units o ...

Question market demand is qd 400 - 10 price market supply

Question: Market demand is Qd = 400 - 10 Price; Market supply is Qs = 40 + 30 Price. Find the price elasticity of demand when Price = $30. The response must be typed, single spaced, must be in times new roman font (size ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Microeconomics Expert